Phoenix Education Partners FY26 net income falls 35% to $88.1 million
PXED•Phoenix Education Partners’ FY26 net income fell 35% to $88.1 million, while Q4 net income rose 32% to $23.2 million. The company forecast FY27 net revenue of $970 million to $1 billion and increased its quarterly dividend 10% to $0.23 per share.
1. FY26 results and outlook
Phoenix Education Partners reported FY26 net income of $88.1 million, down 35%, primarily due to IPO-related share-based compensation and increased advertising expense. Q4 net income rose 32% to $23.2 million, and net revenue increased to $260.7 million. Net cash provided by operating activities more than doubled to $196.3 million in FY26. The company raised its regular quarterly cash dividend 10% to $0.23 per share, payable November 27, 2026, and forecast FY27 net revenue of $970 million to $1 billion.
